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ACDE PhD seminar: Credit, capital allocation, and economic performance

Old Canberra House Miller Theatre and online Zoom
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Event description

Using newly-created data on capital allocation, this research investigates the how credit and saving affect the allocation of capital differently. It finds that credit directs more capital towards housing assets, when it is productive assets that are more strongly associated with economic performance. This finding carries significant implications for the design and conduct of prudential and monetary policy.

Speaker: Charles Brukner

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Old Canberra House Miller Theatre and online Zoom